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Burger giant Wendy's signs deal to open 200 Australian stores by 2034
(www.9news.com.au)
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this post was submitted on 10 Aug 2023
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I'm waiting for the inevitable Carl's Jr implosion, no way those restaurants are sustainable businesses.
You don't even need to look at Carl's Jr. Just look at taco Bell I've walked past it and am convinced it's used as either money laundering or a tax write off. There's never anyone there.
You're kind of not wrong. Collins Foods have just written of a $36.7 million impairment against the Taco Bell business, with Taco Bell stores posting a same-store sales decline of 4.8 per cent for the year.
https://www.smh.com.au/business/companies/taco-bell-troubles-offset-kfc-boost-for-fast-food-operator-20230627-p5djpr.html